Category: Property Penang
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Heritage property: Limited units mean limitless price per sq ft?
When I was still in Penang many years ago, an agent told me that one Singaporean company had just bought one whole row of old shophouses for RM200,000 per unit. These units were dilapidated and in need of huge repairs before it’s usable for any purpose. Today, even I would be willing to buy if…
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5 trends for property market Malaysia
I read an interesting article about the five trends in property market Malaysia from a BM Website; gilahartanah.com. Thus, I think it’s good to translate and share with everyone including my personal comments. This is where more investors can read and decide which are the trends they would like to believe in. There’s really no…
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Still true, “property prices too high.”
I wrote about this nearly 2.5 years ago. The amazing thing is, the property bubble bursting predicted by my very successful friend has not yet happened. My friend is now already a Director in a US- Multinational. His salary would be the envy of majority of all Malaysians, perhaps including me. Read here: Property Prices…
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Real estate approved investments in Malaysia dropped 70 percent.
Just read another alarming piece of news for the property market, or is it? Isa crisis about to hit the Malaysian property market? According to MIDA’s numbers, approved investments in real estate for Malaysia dropped 70 percent from RM88.6 billion in 2014 to RM 26.9 billion in 2015. On an overall basis, Malaysia’s approved investments for…
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OSK with total GDV of over RM18 billion (via 1,400 hectares of land)
How many readers of kopiandproperty.my believe that the developers, especially the listed ones would start to report losses beginning 2016? I think the answer is not many, if any. What about the potential for more developers and developments? Especially those newer developers who are converting their available pieces of idle land or those who are…
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Fengshui to ‘enhance’ our year of Fire Monkey?
I was seated beside a Fengshui master in a recent dinner in Penang. My close friend who invited me for his agency’s annual dinner introduced him (Fengshui master) to all of us on the same table and told us that this Fengshui master friend of his is very ‘accurate.’ I believe my close friend consults…
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Property prices dropping…. No demand, more supply
I think all of us have read about the probability of property prices dropping further in 2016 after a lacklustre 2015. So, how many percent should it be dropping? If you ask me, my answer is, does it really matter what’s the percentage? The reason is because the grossly overpriced ones would have to drop…
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In a slowing market, sanity returns. How true.
Market is slow. Everyone knows. I already have one agent friend who could barely make ends meet and is now a UBER driver. The net pay may not be huge but it gives certainty. With more people on a wait-and-see mode, demand has slowed and with supply still continuing, more choices are available and property…
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Penang: Eco World’s Eco Meadow show units are open
This coming weekend, I have been invited to “A Clean Car is a Happy Car” event by Eco World for its project Eco Meadows. I think for developers, it’s always good to try something new when we are engaging our potential customers. Remember there was one many months back by one developer where buyers who…
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Property market from my observations on potential buyers
A close friend who is working in a public listed developer told me that she may have to work during the upcoming Chinese New Year (CNY). This is because opening during the CNY is considered a wise decision. Many decisions to buy could be easily made during these family gatherings. Some may be coming back…